Players in the alt-meat space were over the moon earlier this year when the pandemic’s disruption of the food supply chain drove year-over-year retail sales of fresh plant-based meat substitutes up by as much as 279.8% in mid-March, according to Nielsen.
But past performance is no guarantee of future performance, as financial advisers tell us. So what’s on the other side of the pandemic for this burgeoning alt-proteins industry?…